Samsung Electronics, LG Electronics, Yuhan Corporation, POSCO, Hyundai Motor, Hyundai Heavy Industries, SK Telecom, Yuhan Kimberly, Shinsegae Department Store, and e-mart all ranked in the top 30 for 12 years in a row on a survey about the most admired companies in Korea conducted by the Korea Manag
Along with Samsung Electronics, SK Telecom will demonstrate 7.55 Gbps data transmission using millimeter-wave frequency bands through the 5G core technology at the Mobile World Congress (MWC) 2015 to be held in Barcelona, Spain from March 2.The millimeter-wave frequency is microwave frequency in the
European electronics reviewers are gushing over Samsung Electronics’ 2015 SUHD TVs, giving it record-setting positive reviews. In an independent review of Samsung Electronics’ 65-inch JS9590 SUHD TV, Video, a leading media presence in Germany, rated the TV high for its superior brightness, rich colo
The Ministry of Health & Welfare and the National Pension Service (NPS) are baffled by the policy of the Ministry of Strategy & Finance for greater dividend payment by companies with a lower payout ratio. “Calling for increased dividend payments may be regarded as intervention in business,” the NPS
Chinese manufacturers are increasing their LCD panel supply and global market share in the industry on the back of the government’s support and consistent manufacturing facility expansion. Under the circumstances, the presence of Korea, which has dominated the global display market for over 10 years
Google is mounting a serious challenge to Apple and Samsung Electronics in the global mobile payment market. The search engine giant launched Google Pay before Apple and Samsung launched their equivalent services, but it found itself floundering. Now, Google is launching a full-scale counter-offensi
Design is the most important factor that smartphone users consider when buying smartphones.According to the 2014 Final Report of Research on Actual Status of Mobile Internet Usage compiled by the Korea Internet and Security Agency (KISA) on Feb. 24, 72.4 percent of 6,000 research subjects answered t
Samsung Electronics unveiled the industry’s first 10 nm semiconductor technologies, following the recent news that it started the mass production of mobile processor chips using 14-nanometer FinFET technology.On Feb. 23, Kim Ki-nam, president of Samsung’s semiconductor business, delivered a keynote
President Park Geun-hye invited South Korea's top business leaders to Cheongwadae, or the Blue House, for a luncheon earlier today to encourage them to more actively sponsor the country's first Winter Olympics in 2018.She remarked, “Thanks to the support of the business community, we are hosting the
Global IT companies are likely to announce at MWC 2015 that they will wean themselves off from on Google's Android Wear, a wearable version of Google's Android operating system (OS), with the launch of wearable devices based on other platforms. As a result, competition for independent OSes for weara
According to industry sources on Feb. 22, Samsung Electronics chose Flexible Printed Circuit Board (FPCB) antennas to be used for the Galaxy S6. FPCB antennas have only been used as NFC antennas, since their product performance is inferior to Laser Direct Structuring (LDS) antennas. Moreover, an add
Samsung Electronics has ranked top in the global flat-screen TV market for 9 years in a row. According to DisplaySearch, a leading global market research institute, Samsung Electronics accounted for 29.2 percent of annual sales of 2014 and ranked number one for 9 straight years. Also, the company re
Samsung Electronics’ share of global smartphone sales dropped sharply to 10 percent in the fourth quarter of 2014, while Apple’s reached 50 percent. According to Strategy Analytics (SA), a U.S. market research company, Apple ranked 1st in the share of global smartphone sales in the fourth quarter la
The day after LG Electronics President Cho Sung-jin was indicted by the prosecutors' office on charges of deliberately damaging Samsung Electronics’ washing machines in German stores, the son of President Cho made fun of Samsung washing machines on social media, calling them fragile and made of glas
Samsung SDI has acquired the battery pack business of the world’s 4th-largest Canadian automotive parts manufacturer, Magna International.The Korean battery manufacturer announced on Feb. 23 (local time) that it signed an agreement with Magna Steyr to take over the latter’s entire battery pack busin
Apple and Toyota are enjoying high profitability thanks to new products and foreign exchange factors, whereas Samsung Electronics and the Hyundai Motor Group are failing to improve their profitability. According to industry sources, Toyota’s estimated operating profits increased about 20 percent to
Samsung Electronics appears to have an intention to expand its reach to the field of autos, the Internet of Things (IoT), and robots by targeting the system semiconductor market using Exynos chips. The specific question this time is whether or not the Korean tech giant will enter the driverless car
Samsung Electronics' ranking in the Chinese smartphone market went down from first to fifth place in just one year, owing to low-priced offensives from local companies like Xiaomi and the huge popularity of the iPhone 6 and the iPhone 6+. Market research firm IDC announced on Feb. 18 that Samsung ac
Samsung Electronics will acquire LoopPay, a mobile wallet solutions provider and payment service headquartered in Massachusetts, the U.S.LoopPay holds patented technology related to magnetic secure transmission (MST). MST allows you to pay instantly by simply placing the device, which contains your
Regarding the recent controversy over display models of Samsung washing machines allegedly damaged by LG executives in Germany, Samsung Electronics announced on Feb. 22 that the washing machine in question topped the lists in consumer magazines in several European countries. Also, it is not a produc